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What are False pattern set ups ?

Discussion in 'Technical Analysis' started by naveen1241, Oct 15, 2012.

  1. naveen1241

    naveen1241 Responder

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    What are the possibilities of traders falling in false pattern set ups ? How can one be aware of these set ups ? Also one other thing that comes up in this context is Operator play ? Can some one explain these in brief ?

    Thanks
    Naveen
     
    naveen1241, Oct 15, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Stop loss.
     
    shabbir, Oct 15, 2012
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  3. naveen1241

    naveen1241 Responder

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    So you mean to say, there is no way of identifying such false signals. Hard to believe. :(
     
    naveen1241, Oct 15, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    Fakey setups are not that hard but then there is no rule as such to find them. You can be trapped and that is where stop loss comes into picture.
     
    shabbir, Oct 16, 2012
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